Bankruptcy Law
Declaring bankruptcy is a significant choice that has to be carefully considered because it is a court-issued declaration that you are unable to pay your debts. There are instances when declaring bankruptcy may seem like your only option for escaping a difficult financial circumstance. However, it’s important to weigh the potential consequences of declaring bankruptcy against the temptation to instantly resolve your financial issues.
You might not be obligated to repay all (or even the majority) of your obligations if you file for bankruptcy. However, you’ll have to give up ownership of your goods and hand over control of your finances to a bankruptcy trustee who has been appointed by the court.
Expertise
Our bankruptcy attorneys are knowledgeable in all facets of bankruptcy law and have experience helping small and medium-sized businesses, individuals, and insolvency accountants.
Services
Among our bankruptcy services are;
• Starting legal proceedings for creditor’s petitions
• Opposing or setting aside creditor’s petitions
• Applying for debtor’s petitions
• Providing advice about bankruptcy and other options
• Negotiating with creditors
• Negotiating debt agreements or personal insolvency agreements
• Issuing bankruptcy notices
• Applying to set aside bankruptcy notices
• Responding to letters of demand from creditors